Kavango Resources Plc
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Peter Francis Wynter Bee
- Full Time Employees
- 107
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- Salisbury House London United Kingdom EC2M 5PS
- IPO Date
- Feb 10, 2020
- Website
- kavangoresources.com
- Similar Companies
- Business
- Kavango Resources Plc engages in metals exploration and gold production primarily in Southern Africa, with a dual-track strategy focused on near-term commercial gold output in Zimbabwe and large-scale copper discoveries in Botswana's Kalahari Copper Belt. The company holds the second-largest land package in the Kalahari Copper Belt across approximately 18 prospecting licenses totaling over 6,000 square kilometers for copper-silver mineralization; the Kalahari Suture Zone project spanning over 7,600 square kilometers targeting nickel, copper, and platinum group elements; and gold projects in Zimbabwe including the fully permitted, 100%-owned Hillside project with priority targets at Nightshift, Steenbok, and Bill’s Luck for underground and selective open-pit deposits, alongside Nara, Leopard, Ditau for banded iron formation-hosted lode gold, and exploration for tungsten and strategic elements. Kavango Resources Plc, founded in 2017 and headquartered at 6th Floor, 99 Gresham Street, London EC2V 7NG, United Kingdom, operates in Botswana and Zimbabwe, serving institutional investors through its listings on the London Stock Exchange (LSE:KAV) and Victoria Falls Stock Exchange (VFEX:KAV.VX). Recent developments include the July 2025 agreement to acquire a 90% working interest in six new prospecting licenses in the Kalahari Copper Belt from Global Exploration Technologies, a subsidiary of ENRG Elements, expanding its contiguous holdings near major deposits like Sandfire Resources' T3 and Khoemacau's Zone 5; the exercise of an option to acquire 100% of the Nara gold project in Zimbabwe in July 2025; multiple fundraises such as a £2.2 million UK placing and subscription in September 2025, a $4.5 million VFEX subscription, and an additional £150,000 raise in October 2025; the commissioning of a 50 tonnes per day gold processing plant at Bill’s Luck in June 2025 with high-grade intercepts including 13.60g/t over 10.40m and 8.09g/t over 8.05m; the securing of a US$5 million convertible loan note from Zimbabwe pension funds in April 2025; and a secondary listing on VFEX in September 2025, alongside management changes including the appointment of a Chief Operating Officer and General Manager from Barrick in early 2025.
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